Financial Liberalisation in Emerging Markets:How Does Bank Lending Change?

Financial liberalisation has often failed in the past due to underestimated problems ofstructural change. We analyse such changes in lending behaviour of Thai commercialbanks during a liberalisation phase by way of unique micro data. Liberalisationhas expected positive effects, such as lowering the interest rate spread and collateralrequirements. Liberalisation causes structural change, such as a decline in collateralbasedand relationship banking.[...]

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Year of publication:	2007-05-01
Authors:	Hübler, Olaf ; Menkhoff, Lukas ; Suwanaporn, Chodechai
Institutions:	Universität <Hannover> / Wirtschaftswissenschaftliche Fakultät
Subject:	Finanzierung \| finance \| Entscheidungstheorie \| decision theory \| Liberalisierung

Table of Contents
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1. INTRODUCTION
2. A SELECTIVE LITERATURE REVIEW AND HYPOTHESES
3. DATA AND METHODS
4. EMPIRICAL RESULTS
5. CONCLUSIONS
REFERENCES

Persistent link: https://www.econbiz.de/10005867445